640 Julie McKnight Road, Kittrell, NC

REAL ESTATE AUCTION - RAW LAND

88 Acres between Louisburg & Oxford, NC

This is a US Federal Bankruptcy Auction of 88.86+/- acres of undeveloped property located on Julie McKnight Road in Kittrell, NC between Louisburg, Nc and Oxford, NC. This large, mostly wooded property is located beside 664 Julie McKnight Rd. and has a private cleared driveway from the road to a large open area in the main portion of the property. This recently cleared area would make an ideal rural homplace or would be great recreational/hunting land. There are several rural/remote private residences in the surrounding areas.

This property consists of (2) parcels that will be sold together.  The first parcel ("Tract 1" containing 5.005 acres) is located solely in Franklin County with a Franklin County parcel ID number. The second parcel ("Tract 2" containing 83.857 acres) is located in both Franklin and Vance Counties and straddles the county lines and is identified with a Vance County Parcel ID number. Both "Tract 1" & "Tract 2" are identified in the Franklin County Deed (BK 2379 PG 1686).

This property is vacant with no structures and can be inspected daily at your convenience. Please note that the "driveway" is no much more than a cleared path to the property and is not paved or improved. To see the property, you will most likely need to park on the drive near the road and walk down the drive several hundred feet to see the heart of the property.

THIS AUCTION WILL BE HELD LIVE ONSITE AT THE PROPERTY ON JULIE MCKNIGHT ROAD NEAR KITTRELL, NC ON WEDNESDAY, JUNE 4, 2025 AT 2PM. THIS IS "AUCTION 5" OF SEVERAL AUCTIONS WE ARE HAVING IN LOUISBURG AND THE SURROUNDING AREA THAT DAY. RETURN TO OUR MAIN PAGE TO SEE THOSE AUCTION LISTINGS.

*THERE IS NO UPSET BID RAISE PERIOD ON THIS AUCTION. YOU CAN NOT RAISE THE BID AFTER THE CLOSE OF THE LIVE AUCTION. THE HIGH BID AT THE LIVE AUCTION WILL BE THE FINAL BID.

COUNTY TAX DATA

"Tract 1" - 5.005 acres - front parcel

Franklin County Parcel ID - 010635

Acreage - 5.01

Current Tax Value - $32,150.00

"Tract 2" - 83.94 acres - back parcel

Vance County Parcel ID - 0495 01009

Acreage - 83.94

Current Tax Value - $150,377.00

BOTH PARCELS SOLD TOGETHER

TERMS & CONDITIONS

SELLER – This property is being sold by CBA under Order of or with Notice to The United States Federal Bankruptcy Court

THE PROPERTY IS BEING SOLD “FREE & CLEAR” OF LIENS – This property is being sold by Court order of having no liens.

THE PROPERTY IS BEING SOLD “AS IS, WHERE IS” – This property is being sold in its current condition with no Buyer contingencies. The information included in the advertising, sales packages, and other is intended for general information purposes only. This information has been provided to us as accurate from outside sources, public records, and other information platforms, however the Seller, Country Boys Auction & Realty, Inc., its employees, Brokers, and associates, hold themselves harmless for any and/or all the information provided in this package. Furthermore, all drawings, maps, letters, descriptions, etc., are “unofficial.” It is the sole responsibility and obligation of the buyer to inspect the property prior to the time of sale and do any and all research they deem necessary prior to bidding.

BROKER - Country Boys Auction & Realty, Inc., its Brokers, and employees are agents for the Seller and have no dual agency representation of responsibilities. Any agent or Broker working with a Buyer will be a Buyer's Agent and would need to be compensated by the Buyer.

DEPOSIT - A deposit in the amount of 10% of the high bid amount is required by the high bidder immediately upon completion of the auction. Cash or check is accepted. The property is being sold “free and clear” of all liens, or with liens satisfied at closing.

CLOSING – The balance of the sales amount will be due at closing. The Buyer will have (30) days from the time of confirmation to close on the property.

TAXES - The property is being sold with taxes prorated as of day of closing, meaning the current year taxes will be split between the Buyer and the Seller based on the closing date; the Seller will pay all prior year’s taxes.

NO BUYER’S PREMIUM - THIS IS A PUBLIC AUCTION

ANNONCEMENTS AT TIME OF AUCTION TAKE PRECEDENCE OVER ALL OTHER INFORMATION, WRITTEN, ADVERTISED, OR CONVEYED BY ANY MEANS.